Middletown, CT 06457,180 Bailey Road
Middletown, CT 06457,180 Bailey Road
Middletown, CT 06457,180 Bailey Road
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$380,000
Est. payment /mo
4 Beds
2 Baths
2,540 SqFt
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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,540 sqft

Price per Sqft $149

MLS Listing ID 24141334

Style Colonial

Bedrooms 4

Full Baths 1

Half Baths 1

Year Built 1957

Annual Tax Amount $8,808

Lot Size 0.270 Acres

Property Description

Fantastic investment opportunity in Middletown! This unique single-family home with a fully permitted ADU offers exceptional versatility and strong rental income. The property features three fully rented units-a spacious upper-level unit, a ground-level unit, and a private ADU attached off the back. Together, these units currently generate $3,400/month, and all existing tenants will convey with the property, providing instant cash flow for the next owner. The finished basement, delivered vacant, adds additional flexibility-ideal for storage, personal use, or potential future income (buyer to do due diligence). Each space has been thoughtfully utilized, making this an efficient and high-performing property in a desirable location. Whether you're an investor expanding your portfolio or an owner-occupant looking to offset your mortgage, this property delivers outstanding value and endless potential.

Location

State CT

County Middlesex

Zoning R-15

Rooms

Basement Full

Interior

Heating Hot Air

Cooling Window Unit

Fireplaces Number 2

Exterior

Parking Features None

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Spencer

High Schools Middletown


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Listed by Thomas Mele • Dorrance Realty

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Dawn Cabral

Dawn Cabral

Owner/Broker

+1(203) 228-7564

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180 Bailey Road